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1124 Nj-31 - Prime Route 31 Office/Medical Development 4.28 Acres of Commercial Land Offered at $895,000 in Lebanon, NJ 08833
Investment Highlights
- High daily traffic count
- Level topography
- Highway access
- Wetlands work completed
- 500' Highway frontage
Executive Summary
This highly visible ±5-acre development site is located along Route 31 and is zoned OB-1, permitting office, medical/laboratory, and professional uses. The property offers direct Route 31 access, approximately 500 feet of road frontage, traffic counts of approximately 25,000+ vehicles per day, and generally level topography at road grade.
A conceptual site plan has been prepared for a ±4,500 SF office/medical building with ample on-site parking. NJDEP wetlands delineation and a Phase I Environmental Site Assessment have been completed, and ownership is finalizing approvals for the proposed shell building—creating a near shovel-ready development opportunity.
The property presents an opportunity for office, medical, or professional development along one of the area’s primary commercial corridors.
A conceptual site plan has been prepared for a ±4,500 SF office/medical building with ample on-site parking. NJDEP wetlands delineation and a Phase I Environmental Site Assessment have been completed, and ownership is finalizing approvals for the proposed shell building—creating a near shovel-ready development opportunity.
The property presents an opportunity for office, medical, or professional development along one of the area’s primary commercial corridors.
Property Facts
1 Lot Available
Lot
| Price | $895,000 | Lot Size | 4.28 AC |
| Price Per AC | $209,112.15 |
| Price | $895,000 |
| Price Per AC | $209,112.15 |
| Lot Size | 4.28 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 06-00023-0000-00004 | Improvements Assessment | $0 |
| Land Assessment | $33,100 | Total Assessment | $33,100 |
Property Taxes
Parcel Number
06-00023-0000-00004
Land Assessment
$33,100
Improvements Assessment
$0
Total Assessment
$33,100
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1124 Nj-31 - Prime Route 31 Office/Medical Development
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